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ICICI Prudential Mutual Fund launches ICICI Prudential India Recovery Fund Series 3

Mutual Fund

by Advisorkhoj Team | Mutual Fund | 13 Downloaded

NFO period: 11th August – 25th August, 2015

Highlights of the NFO:

  • Scheme type – A close ended equity scheme

  • Investment objective – The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities that are likely to benefit from recovery in the Indian economy. However, there can be no assurance that the investment objectives of the Scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking Long term wealth creation solution a close ended equity fund that aims to provide capital appreciation by investing in equity and equity related securities that are likely to benefit from recovery in the Indian economy.

  • Minimum Application Amount – First investment Rs. 5,000/- and multiples of Rs. 10/- thereafter

  • Plan/ Options available – Regular Plans and Direct Plans having Dividend Payout option.

  • Fund Managers – Mr. Mrinal Singh and Mr. Shalya Shah

  • Benchmark – S&P BSE 500 Index

  • Maturity period – 1100 days from the date of allotment of units.

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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